Last update on: 05/03/2021

SUPERIOR 3 - Ethik

Investment Trusts
Bankhaus Schelhammer & Schattera KAG
Security KAG
Asset Manager
Bankhaus Schelhammer & Schattera KAG

Fund data (Balanced Fund)

Fund size

(as of 31/01/2021)

189.95 mil. EUR
Share class size

(as of 31/01/2021)

110.26 mil. EUR
ISIN AT0000904909
Fund price (as of 05/03/2021)
Offer 827.62 EUR
Bid 807.43 EUR

Growth (as of 05/03/2021) *

10 Years 34.00 %
5 Years 13.29 %
3 Years 8.63 %
1 Year 3.54 %
Current year 0.06 %
Benchmark MSCI World Sovereign Bonds

* in Euro (€)

Master data of Funds
Launch date 18/11/1991
Available in AT, DE
Fund type Balanced Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment Purchasing power retaining and appreciation of the invested capital while observing ethical aspects
Investment strategy Investment mainly in bonds. International stocks maximum 20% of fund capital.
Investment process The selection of securities is based on the one hand on a conventional financial analysis. It is directed at credit rating and earnings capacity. On the other hand the selection is based on excluding criteria and requirements to debtors and companies set by an advisory board. Suitable issuers are pre selected by a renown rating agency.
Positive criteria Research criteria of Oekom research based on the Frankfurt Hohenheimer guidelines
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery*
- violations of OECD guidelines for multinational enterprises

Ethical and Social:
- abortion
- exploitative child labour
- exploitation of people
- discrimination against women
- discrimination against minorities
- dependence causing substances
- gambling
- weapons of mass destruction (ABC/CBRN)
- pornography
- violations regarding human dignity
- cluster bombs and anti-personnel mines
- tobacco products
- inhibiting union activities
- violations of human rights
- violations of the ILO protocol
- weapons/armaments
- forced labour

- nuclear power stations
- genetic engineering (agriculture)
- nuclear power
- nuclear energy (operation or component manufacture)

- exploitation of the environment or employees or society
- employment of pupils
- acceleration of climate change
- investment in companies with negative criteria
- environmentally harmful activities/products
- environmentally harmful conduct

Negative criteria for government bonds Ethical and Social:
- child labour (countries)
- human trafficking
- death penalty
- dependent countries, according to Freedom House
- violations of human rights (countries)
- violations of employment law

- high military budget
- corruption

Research done by oekom research AG

This fund profile is aligned with the fund company.



*no exclusion but part of the analysis